Friday, 09/10/2015 15:04

TDC: Plan for bond issuance

On December 19, 2014, the Board of Directors of Binh Duong Trade and Development Joint Stock Company approved a plan for issuing 900 bonds (par value: VND1 billion/bond) in order to mobilize VND900 billion for Dragon Hill Project, with the issue time in Quarter IV.2014 or Quarter I.2015. However, because the issuance coincided with the time that the Company must focus resources to complete the 2014 business plan and nearly the time of Tet Holidays, seeking investors in this period was very difficult. Therefore, the Company suspended this plan.    

On September 17, 2015, to restart the capital mobilization for TDC Dragon Hill Project, the Board of Directors approved a plan for issuing VND500 billion bonds (par value: VND1 billion/bond) , with the issue time in Quarter III – IV.2015. At present, the Company is working with the underwriter to complete procedures.

HOSE

Other News

>   Government adopts State bond issuance with all terms (09/10/2015)

>   HUT: The report on the result of issuing the convertible bonds (08/10/2015)

>   TDC: Announcement of Corporate Bond Issue Plan (06/10/2015)

>   Global economic shifts affect goverment bond issuances (05/10/2015)

>   CII: Correction to the result of bond conversion (29/09/2015)

>   TDC: Board resolution on issuing bonds (25/09/2015)

>   CII: The result of conversion of private placement bonds (24/09/2015)

>   CII: GS to convert bonds into CII shares (21/09/2015)

>   Initiatives to strengthen Vietnam government bonds (21/09/2015)

>   Techcom Capital launched two open-ended equity and bond funds (19/09/2015)

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